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How Shoals Technologies Group, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$475M · 100%Cost of revenue$309M · 65%Gross profit$167M · 35%Operating income$56.4M · 12%Income before tax$48.5M · 10%Income tax$14.9M · 3%Net income$33.6M · 7%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$475M100%
  • 10-K · FY 2025Filing detailsAccession 0001831651-26-000021 · filed Feb 24, 2026
Cost of revenue$309M65%
  • 10-K · FY 2025Filing detailsAccession 0001831651-26-000021 · filed Feb 24, 2026
$167M35%
  • 10-K · FY 2025Filing detailsAccession 0001831651-26-000021 · filed Feb 24, 2026
$56.4M12%
  • 10-K · FY 2025Filing detailsAccession 0001831651-26-000021 · filed Feb 24, 2026
Income before tax$48.5M10%
  • 10-K · FY 2025Filing detailsAccession 0001831651-26-000021 · filed Feb 24, 2026
Income tax$14.9M3%
  • 10-K · FY 2025Filing detailsAccession 0001831651-26-000021 · filed Feb 24, 2026
$33.6M7%
  • 10-K · FY 2025Filing detailsAccession 0001831651-26-000021 · filed Feb 24, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001831651-26-000021 · filed Feb 24, 2026
· event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set
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